Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology and PC Magazine, and freelanced for a variety of other business publications. A graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in New York City.
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The Public Company Accounting Oversight Board released two documents Thursday describing what its staff is looking for this year when inspecting auditors of public companies and broker-dealers.
By Michael CohnJuly 14 -
A tax credit that helped prop up the housing market in the wake of the 2008 mortgage crisis could be set for a comeback.
By Michael CohnJuly 14 -
Investment bankers are concerned there may be big corrections on the way for tech unicorns, private companies valued at over $1 billion, according to a new survey by BDO USA.
By Michael CohnJuly 14 -
The Securities and Exchange Commission voted Wednesday to get rid of redundant and outmoded disclosures in response to recent changes in U.S. and international accounting standards and technology.
By Michael CohnJuly 13 -
The Big Four firms have sent a letter to Treasury Secretary Jacob Lew asking for withdrawal of proposed regulations on the tax treatment of corporate debt and equity.
By Michael CohnJuly 13 -
The American Institute of CPAs Auditing Standards Board has issued an exposure draft of a proposed standard for auditors who are involved with securities offerings that are exempt from registration with the Securities and Exchange Commission.
By Michael CohnJuly 13 -
The Institute of Management Accountants has released an exposure draft of a proposed Management Accounting Competency Framework in an effort to fill the skills gap for accountants who choose careers in private industry.
By Michael CohnJuly 13 -
Mazars, an international accounting, auditing and tax firm, has signed a deal to acquire Corality Financial Group, a financial modeling consultancy and training course provider with offices in Sydney, London and New York.
By Michael CohnJuly 13 -
A self-styled tax watchdog group has launched an effort to independently audit the Internal Revenue Service, with the help of taxpayers.
By Michael CohnJuly 13 -
The internal audit function needs to transition to operate across the entire risk governance framework at financial services firms, according to a new report from Ernst & Young.
By Michael CohnJuly 12 -
A left-leaning advocacy group has filed a complaint against Donald Trump with the Internal Revenue Service accusing the presumptive Republican presidential nominee of violating the law for using money from his tax-exempt charitable foundation to buy an autographed football helmet and jersey from NFL player Tim Tebow.
By Michael CohnJuly 12 -
Armanino LLP has started a Corporate Finance practice to advise business clients on mergers and acquisitions, along with sales of intellectual property and patents.
By Michael CohnJuly 12 -
The International Ethics Standards Board for Accountants is releasing a new standard this week that redefines the roles of auditors, CFOs and other accounting professionals when they witness or suspect illegal acts at their own organizations or within a clients organization.
By Michael CohnJuly 12 -
Charles Tilley, the longtime leader of the London-based Chartered Institute of Management Accountants, is stepping down following the recent approval of an international accounting association jointly run with the American Institute of CPAs.
By Michael CohnJuly 12 -
Small businesses are anticipating a more profitable year this year, according to a new survey.
By Michael CohnJuly 11 -
The Internal Revenue Service has released new procedures for shareholders that want the IRSs automatic consent for changing to or from the net asset value method of accounting for gains or losses on shares in a money market fund.
By Michael CohnJuly 11 -
The Internal Revenue Service has lowered the user fee for charities applying for tax-exempt status.
By Michael CohnJuly 11 -
The Internal Revenue Service has released a new revenue procedure and regulations outlining how organizations can notify the IRS they are operating as tax-exempt social welfare groups under Section 501(c)4 of the Tax Code.
By Michael CohnJuly 11 -
WeiserMazars LLP has merged in Risk Management Group, an internal audit service provider in Ladera Ranch, Calif.
By Michael CohnJuly 11 -
Sean McKessy, chief of the Securities and Exchange Commissions whistleblower office, plans to set down this month.
By Michael CohnJuly 11